Dubai rents: Prime areas to lead gains as mid-market stabilises

STEADY SUPPLY COOLS RENT INCREASES IN AFFORDABLE COMMUNITIES

- BY NIVETHA DAYANAND

Dubai's population growth and visa reforms will continue to support rental demand and long-term residency.

(Gulf News Archives)

Dubai's rental market is set to enter a phase of steady growth, with new and wellconnected districts taking the lead while some older communities see rent stabilisation. The city's appeal as a long-term residential destination remains undimmed, but the pace of increases is expected to normalise after two years of rapid escalation.

Districts combining new inventory, strong amenities, and proximity to business hubs are expected to stay in high demand.

“Areas such as Dubai Hills Estate, Business Bay, Dubai Marina, Downtown Dubai, and Al Wasl will continue to attract tenants looking for modern living with proximity to employment hubs,” said Rui Liu, Chairman and Founder of LEOS Developments.